Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Trump threatens to raise tariffs on Chinese goods to 25%, up from 10%
Donald Trump
Latest News, News
July 31, 2018

Trump threatens to raise tariffs on Chinese goods to 25%, up from 10%

WASHINGTON, United States (AFP) — The United States may jack up the tariff rate on the next US$200 billion in Chinese imports it plans to target as it pressures Beijing to reform its trade practices, US officials said Wednesday.

President Donald Trump asked the US Trade Representative to consider increasing the proposed tariffs to 25 per cent from the planned 10 per cent, USTR Robert Lighthizer said.

“We have been very clear about the specific changes China should undertake. Regrettably, instead of changing its harmful behaviour, China has illegally retaliated against US workers, farmers, ranchers and businesses,” Lighthizer said in a statement.

Officials however downplayed suggestions the move was intended to compensate for the recent decline in the value of the Chinese currency, which has threatened to take much of the sting out of Trump’s tariffs by making imports cheaper.

The US dollar has been strengthening since April as the central bank has been raising lending rates, which draws investors looking for higher returns.

“It’s important that countries refrain from devaluing currencies for competitive purposes,” a senior administration official told reporters. “But I wouldn’t draw the conclusion that the announcement we’re making today is directly linked to any one practice.”

Washington and Beijing are locked in battle over American accusations that China’s export economy benefits from unfair policies and subsidies, as well as theft of American technological know-how.

Trump has threatened to slap tariffs on virtually all of China’s exports to the United States.

Officials said they remained in regular contact with their Chinese counterparts but could announce no new meeting.

The US already imposed 25 per cent tariffs on US$34 billion in Chinese goods, with another US$16 billion to be targeted in coming weeks.

On July 10, Washington unveiled a list of another US$200 billion in Chinese goods, from areas as varied as electrical machinery, leather goods and seafood that would be hit with 10 per cent import duties.

Increasing the rates to 25 per cent could make them significantly more painful.

The comment period on the proposed penalties, which includes public hearings where business can ask for exemptions, due to take place later this month, would be extended into September, the officials said.

Much of American industry and many members of Trump’s own Republican Party have expressed outrage but have not so far successfully thwarted Trump’s trade policies.

The US Senate last week passed legislation which if enacted would lower trade barriers on hundreds of Chinese imports.

Jake Colvin, vice president of the National Foreign Trade Council, said the Trump administration could be boxing itself into a corner.

“It’s hard to see how this action lends itself towards a resolution to what is increasingly a trade crisis,” he told AFP.

Trump and senior administration officials believe the volume of US imports and vigorous health of the American economy give Washington an advantage in the current confrontation.

But Fred Bergsten, foundering director of the Peterson Institute for International Economics, told CNBC that China would be able to absorb blows more easily than Washington.

“They can expand their stimulus, fiscal spending, bank lending,” he said.

“They can compensate much better than we can. They come from a much higher base.”

And Bergsten warned that the US economy is likely to slow and a trade war only makes that expected decline worse.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Former Reggae Boyz captain named head coach of CT United
Latest News, Sports
Former Reggae Boyz captain named head coach of CT United
December 23, 2025
KINGSTON, Jamaica — Former Reggae Boyz captain Shavar Thomas has been appointed Connecticut (CT) United FC 2 head coach for the upcoming season. CT Un...
{"jamaica-observer":"Jamaica Observer"}
Junction main road in St Mary impassable after truck overturns
Latest News, News
Junction main road in St Mary impassable after truck overturns
December 23, 2025
KINGSTON, Jamaica — Motorists are being advised to expect significant traffic delays along the Junction main road in St Mary due to an overturned truc...
{"jamaica-observer":"Jamaica Observer"}
Caricom private sector organisations reaffirm commitment to CSME, regional integration
Latest News, News
Caricom private sector organisations reaffirm commitment to CSME, regional integration
December 23, 2025
KINGSTON, Jamaica — Private sector organisations in seven Caribbean Community (Caricom) states have reaffirmed their commitment to the objectives of t...
{"jamaica-observer":"Jamaica Observer"}
CRH receives scrubs valued at $2m from US apparel company and charities
Latest News, News
CRH receives scrubs valued at $2m from US apparel company and charities
December 23, 2025
ST JAMES, Jamaica — United States (US) based medical apparel company, RepScrubs, partnering with Jamaican charity Sarah’s Children and Florida-based J...
{"jamaica-observer":"Jamaica Observer"}
48-hour curfew extended in St Andrew South Police Division
Latest News, News
48-hour curfew extended in St Andrew South Police Division
December 23, 2025
KINGSTON, Jamaica   — The 48-hour curfew that was imposed in the St Andrew South Police Division, has been extended. The curfew began at 6:00 pm on Tu...
{"jamaica-observer":"Jamaica Observer"}
What’s behind these favourite traditional Christmas carols
Entertainment, Latest News, News
What’s behind these favourite traditional Christmas carols
December 23, 2025
There are many different aspects of Christmas that make the season wonderful: family, food, gifts, parties, decorations et al. But the most special pa...
{"jamaica-observer":"Jamaica Observer"}
JN Foundation brings ‘Comfort for Christmas’ to Mustard Seed Communities
Latest News, News
JN Foundation brings ‘Comfort for Christmas’ to Mustard Seed Communities
December 23, 2025
KINGSTON, Jamaica — For the fourth consecutive year, the JN Foundation has reaffirmed its commitment to Mustard Seed Communities, spreading holiday ch...
{"jamaica-observer":"Jamaica Observer"}
KSAMC warns against destruction of entertainment billboards
Latest News, News
KSAMC warns against destruction of entertainment billboards
December 23, 2025
KINGSTON, Jamaica — The Kingston and St Andrew Municipal Corporation (KSAMC) is warning the public against the destruction of entertainment billboards...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct